Foreign investors’ right to own share will be limited

-Draft laws and resolutions were presented-

Last Friday, three draft laws and resolutions, developed by MPS and Government, were presented to Speaker Demberel.
MP G.Zandanshatar, N.Batbayar, Ts.Bayarsaikhan, S.Byambatsogt, D.Terbishdavga, U.Enkhtuvshin developed draft law on “Implementing Foreign Investment in strategically important business entities in securing National Security”.

One of the methods of controlling foreign investment is to limit equity ownership. According to the effective laws, foreign investment and acquisition in strategically important companies or business entities are not limited.

Draft law has four chapters and 18 artilces.

Other laws were presented by the Ministry of Justice and Interal Affairs and Ministry of Health.

Media Relationship Department of the State Great Khural

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